PPP Loan information for Allied bearings & supply inc.

$195,100

Allied bearings & supply inc. was initially approved for PPP Loan of amount $195,100, the current approved amount is $195,100. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 23 jobs and $195,100 was used to fund payroll.

Allied bearings & supply inc. is New Business or 2 years or less

ALLIED BEARINGS & SUPPLY INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALLIED BEARINGS & SUPPLY INC.

Borrower Address

274 MONROE STREET

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28677

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195100.00

Current Approval Amount

195100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28677-1100

CD

NC-10

Jobs Reported

23

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197542.76

Forgiveness Date

08/05/2021

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